The EC$ has been pegged to the United States dollar at an official rate of US$ 0.37 or EC$ 2.70 since the 7th July 1976. REUTERS/Carlos Garcia Rawlins (VENEZUELA - Tags: POLITICS) Eastern Caribbean Ten 10 Dollar Bank Note. Currencies that I’ve come across in the Caribbean have been the Eastern Caribbean dollar, the Bahamian dollar, the Netherlands Antillean guilder, the Jamaican dollar, and the Barbadian dollar, and there are of course many others. P-20 a d g k l m u v . USD Exchange Rates; Federal Reserve Bank; XCD East Caribbean Dollar * Country East Caribbean Region North America Sub-Unit 1 EC Dollar = 100 cent Symbol EC$ *Pegged: 1 USD = 2.70000 XCD. Currency. The distance between New York City and the Capital Countries using Eastern Caribbean dollar currency. The East Caribbean dollar was first brought into circulation in 1965 replacing the British West Indies dollar. The Eastern Caribbean Central Bank (ECCB) was established in October 1983. East Caribbean banknotes East Caribbean paper money catalog and East Caribbean currency history The Eastern Caribbean Currency Union, monetary union from 1965 for Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines. In 2019 the ECCB and the Barbados-based fintech company, Bitt Inc. signed a contract to conduct a central bank digital currency pilot within the Eastern Caribbean Currency Union and create a blockchain-based digital version of the eastern Caribbean dollar. Eastern Caribbean (View currency rates) Time Zone (GMT):-4: Population: Combined: 636,000: Capital City: Six independent states: Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis (also known as the Federation of Saint Christopher and Nevis), Saint Lucia, Saint Vincent and the Grenadines. The official St. Lucia Currency is the Eastern Caribbean Dollar. Of all OECS member-states, only the British Virgin Islands, Guadeloupe and Martinique do not use the East Caribbean dollar as their de facto native currency. The East Caribbean dollar (sign: $; code: XCD) is the currency of eight of the nine members of the Organisation of Eastern Caribbean States (the exception is the British Virgin Islands).. 1:30. Answer Save. XCD - East Caribbean Dollar. Give Up? The Eastern Caribbean dollar is the cash of each of the seven full members and one partner member from the Organization of Eastern Caribbean States (OECS). It is not associated to any country. The Eastern Caribbean dollar is the current currency in six independent countries and two territories of the United Kingdom, all located in the Caribbean, is divided into 100 cents and its official issuer is the Eastern Caribbean Central Bank. It has been in existence since 1965 and is also the official currency of the Organisation of the Eastern Caribbean States, which includes five independent states and two British overseas territories. Rate: Nominate. P-21 a d k l m u v. 5 Dollars. Coins. The Eastern Caribbean dollar. Security. East Caribbean dollar rate history. The dwarf state has a total area of only 620 km² and a total coastline of 158 km. Its current backing in foreign reserves is 97 per cent,” Antoine disclosed. Only 8 OECS countries use the Eastern Caribbean dollar. P-19 a d g k l m u v. 100 Dollars. Australian dollar. It has existed since 1965, when it replaced the British West Indies dollar, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies. Financial Stability Regulations and Standards Meetings Calendar Statistics Regional Government Securities Market (RGSM) Money and Capital Markets Currency Payment System Abandoned … Last updated: August 17, 2020. Bahamas. The island group consists of 8 islands. This stability is partially a consequence of the quasi-currency board arrangement, with the ECCB required to hold foreign exchange equivalent to at least 60 percent of its demand liabilities. Our currency rankings show that the most popular East Caribbean Dollar exchange rate is the USD to XCD rate. Below, you'll find East Caribbean Dollar rates and a currency converter. More East Caribbean Dollar info > Popular Euro (EUR) Currency Pairings. Convert your leftover current Eastern Caribbean Dollar banknotes to cash using our hassle-free online exchange service. “Our EC dollar remains very strong. The successor to the British West Indies dollar, it has existed since 1965, and it is regularly abridged with the dollar sign $ or, then again, EC$ to recognize it from other dollar-designated monetary standards. The current exchange rate is about 4 dollars to 1 pound. However, despite the economic diversity within the OECS, further integration will lead to greater political and economic cooperation and prosperity. These banknotes from $5 to $100 XCD are the current set of bills circulating in the member states of the Organisation of Eastern Caribbean States. Profile Quizzes Subscribed Subscribe? It's known locally as a buck or greenback. More detailed historical data is available on our pound to East Caribbean dollar exchange rate history page. East Caribbean Dollar / Argentine Peso ratio is the value of the East Caribbean Dollar in Argentine Peso. Label of currency XCD is East Caribbean dollar. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. a) b) c) Well done! East Caribbean dollar. The East Caribbean Dollar is the currency of East Caribbean. It's known locally as a buck or greenback. 1 decade ago. Final Thoughts . About Us Roles and Functions Member Countries Monetary Policy Legal and Regulatory Framework Video Gallery ECCB Family Time Join Our Team FAQs about the ECCB Contact Us . The East Caribbean Dollar has been fixed at a rate of 2.7 to the US dollar since 1976. What We Do. These countries / islands use the Eastern Caribbean Dollar: Anguilla, Antigua & Barbuda, Dominica (Not to be confused with Dominican Republic which has it's own currency), Grenada, Montserrat, St Christopher, St … He also said the ECCB recorded its highest profit ever – $63.1 million. However, the ECCB Governor observed that the Eastern Caribbean Currency Union (ECCU) is experiencing its largest shock, on record. It is the Monetary Authority for a group of eight island economies namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia, and St Vincent and the Grenadines. Venezuela's President Hugo Chavez talks to the media as he holds an East Caribbean dollar note after a meeting with representatives of the ALBA (Boliviarian Alternative for the Americas) at the Miraflores Palace in Caracas February 10, 2012. This area is about 3.5 times the size of Washington, D.C. The OECS sub-region has a military support unit known as the Regional Security System (RSS). Major credit cards such as Visa, Master Card, and American Express work there too, but credit card purchases nearly always occur in the local currency, with conversion rates handled by your card-issuing bank. Favorite Answer. 3 Answers. Currency code: XCD: Currency symbol $ Anguilla; Antigua and Barbuda; Dominica; Grenada; Montserrat; Saint Kitts and Nevis; Saint Lucia; Saint Vincent and the Grenadines; Whose flag is it? Postmarked stamp from Grenada in the … Flags. Amounts in this currency have up to 2 decimals. Bahamian dollar Jump to navigation Jump to search. Currency XCD is pegged with currency USD since , the fixed price is 1 USD=2.7 XCD. Antigua and Barbuda. All other members belong to the Eastern Caribbean Currency Union. The Eastern Caribbean Dollar. ND (1985-1987) "Anguilla not Named on Map" Issue: 1 Dollar. The symbol for XCD can be written … False, it is * show next. Get paid fast for your unused currency from the Eastern Caribbean States. Relevance ♥Bajan Princess♥ Lv 7. ND (1985-1993) "Anguilla Named on Map" Issue: 1 Dollar. How expensive is the living cost in East Caribbean dollar countries? ISO 4217code. 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